Dassault Systèmes SE (OTCMKTS:DASTY) Short Interest Update

Dassault Systèmes SE (OTCMKTS:DASTY - Get Free Report) was the recipient of a significant drop in short interest in the month of May. As of May 31st, there was short interest totalling 1,000 shares, a drop of 64.3% from the May 15th total of 2,800 shares. Approximately 0.0% of the company's shares are short sold. Based on an average daily volume of 107,500 shares, the days-to-cover ratio is currently 0.0 days.

Dassault Systèmes Trading Down 2.3%

Shares of Dassault Systèmes stock traded down $0.84 during trading on Friday, hitting $36.30. 48,847 shares of the company were exchanged, compared to its average volume of 103,292. The firm has a market capitalization of $48.67 billion, a P/E ratio of 37.04, a price-to-earnings-growth ratio of 3.83 and a beta of 1.01. Dassault Systèmes has a 1-year low of $32.85 and a 1-year high of $44.18. The firm's fifty day moving average price is $37.37 and its 200 day moving average price is $37.99. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.93 and a quick ratio of 1.93.

Dassault Systèmes Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, June 26th. Stockholders of record on Friday, May 23rd will be given a dividend of $0.222 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a dividend yield of 0.58%. Dassault Systèmes's payout ratio is currently 22.92%.

Analysts Set New Price Targets

Several research firms have recently issued reports on DASTY. The Goldman Sachs Group upgraded Dassault Systèmes to a "strong-buy" rating in a research report on Friday, June 6th. Berenberg Bank upgraded Dassault Systèmes from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 3rd.

Hedge Funds Weigh In On Dassault Systèmes

Several institutional investors have recently modified their holdings of the stock. Riverbridge Partners LLC acquired a new position in shares of Dassault Systèmes in the 1st quarter valued at approximately $206,000. Rhumbline Advisers grew its position in shares of Dassault Systèmes by 18.9% in the 1st quarter. Rhumbline Advisers now owns 20,836 shares of the technology company's stock valued at $795,000 after purchasing an additional 3,306 shares during the period. Boston Common Asset Management LLC grew its position in shares of Dassault Systèmes by 38.0% in the 1st quarter. Boston Common Asset Management LLC now owns 40,184 shares of the technology company's stock valued at $1,517,000 after purchasing an additional 11,066 shares during the period. Finally, Azimuth Capital Investment Management LLC grew its position in shares of Dassault Systèmes by 27.5% in the 1st quarter. Azimuth Capital Investment Management LLC now owns 120,425 shares of the technology company's stock valued at $4,545,000 after purchasing an additional 25,988 shares during the period. 0.03% of the stock is currently owned by institutional investors and hedge funds.

About Dassault Systèmes

Dassault Systèmes SE provides software solutions and services worldwide. It offers SOLIDWORKS provides easy-to-use 2D and 3D product development solutions accessible to any business; CATIA, an engineering and design software for product 3D computer-aided design; GEOVIA for intersection of natural resources, infrastructure, and urban planning; and BIOVIA that develops chemicals, biologics, and materials experiences.